Investing.com - Huhtamaki Oyj reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Huhtamaki Oyj announced earnings per share of €0.89 on revenue of €1.18. Analysts polled by Investing.com anticipated EPS of €0.61 on revenue of €1.11B.
Huhtamaki Oyj shares are down 7% from the beginning of the year, still down 9.61% from its 52 week high of €39.94 set on August 15.
Huhtamaki Oyj follows other major Materials sector earnings this month
Huhtamaki Oyj's report follows an earnings beat by Stora Enso Oyj A on Friday, who reported EPS of €0.47 on revenue of €2.96B, compared to forecasts EPS of €0.413 on revenue of €2.89B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar